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    Dublin, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The "Global Nanosensors Market - Segmented by Type (Physical Nanosensor, Chemical Nanosensor, Biological Nanosensor), Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to *'s* offering.

    The nanosensor market was valued at USD 133.69 million in 2017, and it is expected to value at USD 4,621.71 million by 2023, at a CAGR of 79.83%, over the forecast period (2018-2023).

    The market for nanosensors has witnessed some important innovations and developments in the field of nanotechnology such as an invention of carbon nanotubes that had a great impact on the area, and it has been the foundation for diverse directions of development.

    Moreover, the factors, such as advancements in nanotechnology supported by government initiatives, increasing trend of miniaturization and use of miniaturized products across various industries are driving the market growth.

    However, complexity in manufacturing nanosensors and reluctance of some users to use nanosensors due to conservative approach towards adopting new technologies are hindering the market growth.

    Nevertheless, advanced technologies have always been the driving force of new opportunities and further development. Constant R&D on new technologies namely nanotechnology can bring market advantage for innovative companies.

    *Advancements in Nanotechnology Supported by Government Initiatives to Drive the Market Growth*

    Years of investments in nanotechnology have made the world to succeed in developing nanosensors for various applications. The industries using nanosensors hold great potential for future profitability in nanosensors include robotics and the Internet-of-Things (IoT), transportation, construction and energy storage, food management; environmental monitoring; and security, surveillance, and military.

    Furthermore, with the rising significance of intelligent packaging, adoption of nanosensors is expected to witness a considerable increase. Nanotechnology, nano minerals and nanosensors in the agri-food sector, including feed and nutrient components, intelligent packaging and quick detection systems, can be seen as the new source of key improvements in the agricultural sector.

    Nanotechnology has emerged as one of the foremost areas of focus globally owing to these advancements highly supported by the government regulations. For instance, the Cabinet Office of Japan, MEXT and METI have recognized the necessity and have dedicated divisions in the ministries focused only on nanotechnology. The U.S. government R&D initiative, the National Nanotechnology Initiative established in 2001 is still active and propelling the market in the region.

    *Healthcare Industry to Witness a Disrupting Growth*

    The healthcare and the biomedical sector is the largest initial market for nanosensors owing to increasing requirement for rapid, compact, accurate and portable diagnostic sensing systems. As Urgent Care Centers (UCC) and Retail Clinics Centers (RC) have become popular as the need for convenient care continues to grow because of the long waits seen by the Emergency Departments.

    Growth in urgent care center and retail clinic encourages IVD firms to prioritize focus. Moreover, with the increasing rates of patients suffering from diabetes, government bodies in various countries are investing into developments of diagnostics techniques. For instance, Ministry of Health Labour and Welfare (MHLW) in Japan had granted national reimbursement for the FreeStyle Libre glucose monitoring system in August 2017.

    The revolutionary system was aimed to be widely available to the more than 1 million Japanese people ages six and above with diabetes. This stimulated the nanosensors adoption in the healthcare sector.

    However, companies providing nanosensors in medical applications have to consider molecular characteristics, toxicity, possible secondary reactions releasing any toxic side products, leachants, and the effect when these materials deteriorate. Regulatory factors affect the medical market, so companies providing products that do not require FDA clearance have better chance to succeed in this market.

    *North America Dominated the Market*

    The major factor driving the nanosensors market in North America is growing demand of nanosensors in military and homeland security as they are used for the detection of radiations and biotoxins. According to Stockholm International Peace Research Institute,

    North America had accounted for 41.33% of the global military expenditure, which was the largest share among all regions. They also have benefited the military by helping in the development of advanced Warfield gear, such as lighter vehicles and self-repairing tents.

    With the increased defense budget of the region specifically the United States, the demand for nanomaterials and components is expected to increase. The U.S. military spending dropped in 2013, it recovered from 2016 and is expected to increase in future owing to the advancement needs in military and defense sector of the region.

    In addition, cost effective manufacturing due to compactness of nanosensors is set to bring about a positive transition in the nanosensors market. Also, the increasing demand for smaller and faster portable diagnostic sensing systems are the major factors driving the growth of nanotechnology in biomedical and healthcare segment in North America. All these factors contribute to the increasing demand for nanosensors in North America.

    *Developments in the Market*

    · Jan 2018 - Omron Healthcare, Inc. unveiled new products in personal heart health technology at the 2018 (CES) Consumer Electronics Show. The company debuted two devices the Omron HeartGuide, the first wearable oscillometric wrist blood pressure monitor, and the Omron Blood Pressure Monitor + EKG, the first single at-home device in the U.S. that measures blood pressure and EKG. Omron also previewed its new Omron Connect App which syncs with Omron connected devices so consumers can store, track and share heart health data with their doctors for better treatment and better outcomes
    · Apr 2017 - Honeywell International Inc. had launched a new particle sensor designed to help building owners and consumers monitor the air for potentially harmful particulate contaminants caused by dust, soot and smoke. With its heavy industrial level electromagnetic compatibility, the HPM series sensor performs accurately in harsh, challenging environments. Building operators ban be benefited from the sensor's industry-leading long life of 20,000 hours, which allows for stable operations and continuous use

    *Topics Covered*

    *1. Introduction*
    1.1 Scope of the Study
    1.2 Study Deliverables

    *2. Research Approach and Methodology*
    2.1 Study Assumptions
    2.2 Analysis Methodology
    2.3 Research Phases

    *3. Executive Summary*

    *4. Market Dynamics*
    4.1 Market Overview
    4.2 Introduction to Drivers and Restraints
    4.2 Market Drivers
    4.2.1 Rising Trend of Miniaturization and Use Of Miniaturized Products Across Various Industries
    4.2.2 Advancements In Nanotechnology Aided By Government Initiatives
    4.3 Market Restraints
    4.3.1 Complexity In Manufacturing And Potential Risks Involved In Adopting Nanosensors
    4.4 Industry Attractiveness - Porter's Five Industry Forces Analysis
    4.5 Industry Value Chain Analysis

    *5. Global Nanosensors Market Segmentation*
    5.1 By Type
    5.1.1 Physical Nanosensor
    5.1.2 Chemical Nanosensor
    5.1.3 Biological Nanosensor
    5.2 By Industry
    5.2.1 Healthcare
    5.2.2 Consumer Electronics
    5.2.3 Automotive and Industrial
    5.2.4 Aerospace and Defense
    5.2.5 Power Generation
    5.2.6 Others
    5.3 By Region
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific South Korea
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    *6. Competitive Intelligence - Company Profiles*
    6.1 Honeywell International, Inc.
    6.2 Texas Instruments, Inc.
    6.3 N5 Sensor, Inc.
    6.4 Tracense Systems Ltd.
    6.5 T2 Biosystems Ltd
    6.6 BreathDX Ltd
    6.7 Inanon Bio Inc.
    6.8 Applied Nanotech Inc.
    6.9 LamdaGen Corporation
    6.10 Applied Nanodetectors Ltd.
    6.11 Vista Thatapeutics Inc.
    *List is Not Exhaustive

    *7. Investment Analysis*

    *8. Future Outlook of the Global Nanosensors Market*

    For more information about this report visit

    Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

    Laura Wood, Senior Press Manager
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    Related Topics: Nanotechnology Reported by GlobeNewswire 30 minutes ago.

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    Hartmann's board of directors has decided to propose to the shareholders that the board is strengthened and expanded at the general meeting to be held on 9 April 2019.

    After eight years on the board of directors, board member Jørn Mørkeberg Nielsen has decided that he will not seek re-election at the general meeting in 2019. In that connection, the board of directors will propose to the general meeting that the board of directors is strengthened and expanded through election of independent candidates Jan Madsen and Karen Hækkerup as well as Marianne Schelde whom will represent Hartmann's majority shareholder, Thornico Holding A/S.

    Jan Madsen (1969) has since 2010 been an executive director at Coop Danmark A/S, Denmark's largest consumer goods retailer with annual revenue exceeding DKK 50 billion and more than 35,000 employees. Jan Madsen is responsible for retail chain Irma and the group's new business development, digital business and membership program. Through his employement in Coop Danmark A/S and former positions in the Carlsberg group, McKinsey & Company and Néstle, he has built special competencies within retail trade with a particular focus on the food category as well as international sales and marketing, business development, digitalisation and supply chain management. Jan Madsen is furthermore a member of the boards of Coop Bank A/S, Coop Holding A/S and Fakta A/S.

    Karen Hækkerup (1974) has been employed in 2014-2018 as CEO of the Danish Agriculture & Food Council, which represents the farming and food industry of Denmark including companies, trade and farmers' associations. Before her employment with the Danish Agriculture & Food Council, Karen Hækkerup held several political positions as minister and spokesperson as well as memberships of the City Council of Copenhagen and the Capital Region's hospital community. Karen Hækkerup has established a strong network and special competencies within representation of interest and sustainability as well as international food production, commerce and politics. In addition, she is a board member at Grace Public Affairs A/S.

    Marianne Schelde (1962) is employed as CFO of Thornico Holding A/S, a Danish-based global business conglomerate with annual revenue of DKK 7.6 billion and more than 120 subsidiaries, and as CEO of subsidiary Thornico IT A/S. She will contribute with special competencies within international financial management, economics, financial reporting and accounting. Marianne Schelde is a board member of Hummel Holding A/S and three subsidiaries, Mount Baldy A/S, Ovodan Europe ApS and one subsidiary, Sanovo Capital A/S, Stanico A/S, Thorco Isabella ApS, Thorco Isadora ApS, Thorco Africa Holding ApS, Thornico IT A/S and West Star Real Estate A/S.

    "Hartmann's markets are going through exciting developments these years as sustainability and insight into consumer behavior becomes increasingly important competitive parameters. We therefore propose a strengthening of the board of directors with the naming of three strong profiles as candidates for election at the general meeting in 2019, where we will also part with Jørn Mørkeberg Nielsen after eight years of service at Hartmann," says chairman of the board of directors Agnete Raaschou-Nielsen.

    For further information, please contact:

    Agnete Raaschou-Nielsen
    Chairman of the board of directors
    Brødrene Hartmann A/S
    Telephone: (+45) 45 97 00 57


    · Company announcement in PDF.pdf Reported by GlobeNewswire 20 minutes ago.

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    Dublin, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The "Pain Management and Surgical Devices Global Market" report has been added to *'s* offering.The pain management and surgical devices global market is expected to grow at a high single digit CAGR to reach $8,824.7 million by 2025. The pain management and surgical devices market is mainly segmented by products, treatment type, application, end-users and by geography.

    Pain is a debilitating condition, which can arise from arthritis, cancer, fibromyalgia and trauma, which includes neuropathic pain and nociceptive pain. This report focuses on treating various pain conditions with electrotherapy devices, ablation devices and surgical procedures. Electrotherapy devices include Spinal cord stimulator, peripheral nerve stimulator, TENS and NMES devices.

    These devices use electricity to treat pain by blocking the pain signals passing from nerve to brain. Surgical procedures such as kyphoplasty and vertebroplasty are used to treat pain caused by degenerative disc disease, whereas ablation procedures such as Radiofrequency ablation and Cryoablation are used to treat chronic pain and cancer pain by damaging pain causing nerve tissue.

    Ablation procedure damages the nerve that causes the pain and stops the transmission of pain signals to the brain. Several other devices like spacers, screws and artificial discs are used to treat back pain and neck pain caused by degenerative disc disease.*Key Topics Covered:**1 Executive Summary *

    *2 Introduction *
    2.1 Key Takeaways
    2.2 Scope Of The Report
    2.3 Report Description
    2.4 Markets Covered
    2.5 Stakeholders
    2.6 Research Methodology

    *3 Market Analysis*
    3.1 Introduction
    3.2 Market Segmentation
    3.3 Factors Influencing Market
    3.3.1 Drivers And Opportunities Rise In Chronic Diseases And Pain Disorders Adverse Effects Of Pain Medicines And Stringent Regulations To Limits Opioids Medicine Increase In A Geriatric Population With Chronic Pain Technological Advancement Reimbursement In Pain Management Devices
    3.3.2 Restraints And Threats Availability Of Alternative Therapies Contraindications Of Pain Management Devices High Cost Of Pain Management Devices Stringent Regulations For The Approvals Of Products
    3.4 Regulatory Affairs
    3.4.1 International Organization For Standardization Iso 9001: 2015 Quality Management System
    3.4.2 U.S.
    3.4.3 Canada
    3.4.4 Europe
    3.4.5 Japan
    3.4.6 China
    3.4.7 India
    3.5 Patent Trends
    3.5.1 Introduction
    3.5.2 Pain Management And Surgical Devices Patent Trend
    3.6 Technological Advancements
    3.6.1 Introduction
    3.6.2 Nano-Electrodes And Wireless Technology For Neuromodulation
    3.6.3 Point Of Care Ultrasound (Pocus) Neuromodulation
    3.6.4 Miniaturization Of Pain Management Devices
    3.6.5 Technological Convergence Of Pain Management Devices
    3.7 Porter's Five Force Analysis
    3.8 Supply Chain Analysis
    3.9 Market Share Analysis By Major Players
    3.9.1 Pain Management And Surgical Devices Global Market Share Analysis
    3.9.2 Market Share Analysis Of Spinal Cord Stimulator By Major Players
    3.9.3 Market Share Analysis Of Radiofrequency Ablation Devices By Major Players
    3.9.4 Market Share Analysis Of Kyphoplasty And Vertebroplasty Devices By Major Players
    3.10 Pain Management And Surgical Devices Global Market Penetration And Number Of Unit Sold
    3.10.1 Pain Management And Surgical Devices Market Penetration
    3.11 Pain Managemnent And Surgical Devices Number Of Units By Region
    3.11.1 Spinal Cord Stimulator Number Of Units By Region (2017-2025) (No'S)
    3.11.2 Radiofrequency Ablatio Devices Number Of Units By Region
    3.11.3 Artificial Disc Replacement Devices Number Of Units By Region
    3.12 Pain Management And Surgical Devices Company Comparison Table By Products
    3.12.1 Spinal Cord Stimulator Devices
    3.12.2 Transcutaneous Electrical Nerve Stimulator (Tens)
    3.12.3 Ablation Devices
    3.12.4 Kyphoplasty & Vertebroplasty
    3.12.5 Fixation Devices And Artificial Disc Replacement
    3.12.6 Other Pain Management Devices

    *4 Pain Management And Surgical Devices Global Market, By Product*
    4.1 Introduction
    4.2 Pain Devices
    4.2.1 Internal Pain Devices Spinal Cord Stimulator Peripheral Nerve Stimulator Other Internal Pain Devices
    4.2.2 External Pain Devices Transcutaneous Electrical Nerve Stimulation (Tens) Neuromuscular Electrical Stimulation (Nmes) Other External Pain Devices Ultrasound Photobiomodulation Therapy Other Therapy
    4.3 Pain Surgery
    4.3.1 Kyphoplasty & Vertebroplasty
    4.3.2 Fixation Devices
    4.3.3 Artificial Disc Replacement
    4.3.4 Ablation Radiofrequency Ablation Cryoablation

    *5 Pain Management And Surgical Devices Global Market, By Treatment Type*
    5.1 Introduction
    5.2 Invasive Pain Management And Surgical Devices
    5.3 Non-Invasive Pain Management And Surgical Devices

    *6 Pain Management And Surgical Devices Global Market, By Application*
    6.1 Introduction
    6.2 Neuropathic Pain
    6.3 Cancer Pain
    6.4 Failed Back Surgery Syndrome (FBSS)
    6.5 Musculoskeletal Disorders (MSD)
    6.6 Other Pain

    *7 Pain Management And Surgical Devices Global Market, By End-Users*
    7.1 Introduction
    7.2 Hospitals
    7.3 Ambulatory Surgery Center
    7.4 Pain Management Centers & Others

    *8 Regional Analysis*
    8.1 Introduction

    *9 Competitive Landscape*
    9.1 Introduction
    9.2 Approvals
    9.3 New Product Launch
    9.4 Mergers And Acquisitions

    *10 Major Companies*
    10.1 Abbott Laboratories
    10.2 Avanos Medical, Inc. (Halyard Health, Inc.)
    10.3 Boston Scientific Corpoartion
    10.4 Djo Global
    10.5 Johnson And Johnson
    10.6 Medtronic, Plc
    10.7 Merit Medicals System Inc.
    10.8 Nevrocorp
    10.9 Nuvectra
    10.10 Stryker Corporation*Companies Mentioned *· Abbott Laboratories Activelifetech Pvt, Ltd
    · AcuKnee LLC
    · Aditus Medical GmbH
    · AmericanImex Corporation Atricure, Inc. Avanos Medicals
    · B. Braun Melsungen AG
    · Beurer GmbH
    · BioElectronics Corporation
    · Bio-Medical Research (BMR) Ltd
    · Bioness
    · Biophotas
    · BMK Global Medical Company
    · Boston Scientific Corporation
    · Cefaly Technology
    · DJO Global LLC (Chattanooga)
    · electroCore Medical LLC
    · Electromedical Products International, Inc
    · Endonovo Therapeutics
    · eNeura, Inc.
    · Enraf-Nonius BV
    · Epimed International, Inc
    · Evomed
    · Fysiomed NV
    · Globus Medical, Inc
    · Company Guangzhou Longest Science & Technology Co., Ltd.
    · Guided Therapy Systems
    · GymnaUniphy NV
    · Hannox Intenational Corporation
    · Ibramed
    · Iskra Medical d.o.o
    · I-Tech Medical Division
    · ITO Physiotherapy and Rehabilitation
    · Johari Digital Healthcare Ltd,
    · Johnson and Johnson (DePuy Synthes)
    · K2M, Inc.
    · Lanaform
    · LED Technologies, Inc.
    · LightStim Medical Device
    · Lumina Group, Inc.
    · Mainstay Medical International PLC
    · Medisana GmbH
    · MediHighTec
    · Medovex Corporation
    · Medtronic PLC
    · Merit Medicals
    · Mettler Electronics Corporation
    · Multi Radiance Medicals
    · Myotronics
    · Myoscience, Inc.
    · Neurimpulse
    · Neurometrix
    · Neuros Medicals, Inc.
    · Nevro Corp
    · Nuvectra Corporation
    · OG Wellness Technologies CO., LTD.
    · Omron Corporation
    · Pain Management Devices
    · PlatiuMed
    · Prodorth
    · Regenesis Biomedical, Inc.
    · Rich-Mar, Inc.
    · RS Medical, Inc.
    · SPR Therapeutics
    · Stimwave LLC
    · Storz Medicals AG
    · Stryker Corporation
    · Sublimed
    · Theragen LLC
    · TUV Nord
    · Xavant
    · Zealmax Innovations Pvt. Ltd.
    · Zetroz systems, LLc.
    · Zimmer Biomet
    · Zimmer MedizinSysteme GmbH
    · Zynex Medical

    For more information about this report visit

    Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

    Laura Wood, Senior Press Manager
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    Related Topics: Medical Devices, Analgesics, Surgical Devices , Palliative Care Reported by GlobeNewswire 20 minutes ago.

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    NEW YORK, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The *global spray polyurethane foam (SPF) market* was valued at USD 1,528.8 million in 2017 and is likely to expand to *USD 2,487.6 million* by 2024, witnessing a *CAGR of 7.1%* over the forecast period. The growth can be primarily attributed to the rising demand for spray polyurethane foam (SPF) across the globe in order to achieve energy efficiency. Also, significant growth in the construction and automotive industries is further expected to drive the demand over the forecast period.In addition, considerable increase in the demand for bio-based SPF as a result of ongoing extensive research and development is likely to boost the market demand. Spray polyurethane foam may be defined as a high performance spray applied plastic widely used for insulation and as an air-sealant. SPF offers high insulation, thermal resistance, lower heat conductivity and aids in energy conservation as compared to other alternatives such as glass.

    *Key findings from the report:*

    · The global spray polyurethane foam (SPF) market is likely to reach USD 2,487.6 million by 2024· Open and closed cell segment together held over 85% share of the market in 2017, and is likely to witness a healthy CAGR during 2018 to 2024· Building and construction segment is expected to hold a significant share of the global market from 2018 to 2024· Residential application was the largest segment in 2017, and the trend is likely to continue over the next seven years· North America held the major share of the market in 2017 owing to stringent government regulations in the region· Some of the key companies operating in the industry include Lapolla Industries, Inc.; BASF Corporation; BaySeal; Accella Polyurethane Systems, LLC; CertainTeed Corporation; Rhino Linings Corporation; The Dow Chemical Company; NCFI Polyurethanes; Icynene; Huntsman International LLC; Specialty Products Inc.; Henry Company; and Foam Supplies Inc.; among others· As of March 2018, Huntsman Corporation acquired Demilec, one of the North America’s leading manufacturers and distributor of spray polyurethane foam (SPF) insulation systems for residential as well as commercial applications. The acquisition is expected to offer significant synergies and is a great fit for the company to move downstream.

    *Building & construction segment accounted for the major share of the global market *

    Majority of the SPF is used in the building and construction industry as an alternative for conventional materials such as fiberglass and metal. The segment held the largest market share in 2017, and the trend is likely to continue over the forecast period. SPF insulation is ideal for roofs as it can not only be applied onto new substrates, but also be sprayed onto existing roofing materials as a re-cover. SPF offers improved thermal performance, and through vapor retardation helps prevent moisture in the walls and combats mold problems.

    *Browse full research report with TOC on** " Global Spray Polyurethane Foam (SPF) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024" at:*

    *To purchase report: ***

    *Spray polyurethane foam (SPF) market - Regional insight*

    North America dominated the global market for spray polyurethane foam (SPF) in 2017, and is projected to maintain its dominance over the next seven years. The region is set to offer lucrative opportunity for SPF market owing to the presence of stringent government regulations, which has led to a rise in the reconstruction of various structures.  Also, significant demand from key end use industries is expected to propel the market demand in the region over the forecast period. Moreover, Europe and Asia-Pacific are also set to register healthy growth over the next seven years.

    *The report segments spray polyurethane foam (SPF) market on the basis of product, end-use, application, and region. *

    *By Product*

    · Open cell
    · Closed cell
    · Others

    *By End-Use*

    · Building & construction

    · Roofing
    · Walls

    · Automotive
    · Electronics
    · Others

    *By Application*

    · Residential
    · Commercial
    · Others

    *By Region*

    · North America
    · Europe
    · Asia-Pacific
    · Central & South America (CSA)
    · Middle East & Africa (MEA)

    *About Energias Market Research Pvt. Ltd.** -*

    Energias Market Research launched with the objective to provide in-depth market analysis, business research solutions, and consultation that is tailored to our client’s specific needs based on our impeccable research methodology.

    With a wide range of expertise from various industrial sectors and more than 50 industries that include *energy, chemical and materials, information communication technology, semiconductor industries, healthcare and daily consumer goods*, etc. We strive to provide our clients with a one-stop solution for all research and consulting needs.

    Our comprehensive industry-specific knowledge enables us in creating high quality global research outputs. This wide-range capability differentiates us from our competitors.

    *Contact: *

    *Mr. **Alan Andrews*

    *Business Development Manager*

    *For any queries email us: *

    *To purchase report: *

    *Call us: +1-716-239-4915*

    *Visit: * Reported by GlobeNewswire 20 minutes ago.

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    LOS ANGELES, Dec. 17, 2018 (GLOBE NEWSWIRE) -- *Nova LifeStyle, Inc. (NASDAQ: NVFY)*, a leading U.S.-based, innovative designer and distributor of modern LifeStyle home products, today announced that the Company’s subsidiary iDesign Technology (IDT) won a top prize for technology innovation at the *Cloud-Chain International Dapp Development Contest* held in Taiwan, which was sponsored by Microsoft, China Binary New Fintech and High Cloud.The final competition took place on December 12, with more than fifty global corporate contestants competing openly with their product applications built on Microsoft’s successful Azure Blockchain Workbench platform. Nova’s iDesign team won the 3rd place award with IDT’s new generation Public Service System relying on its advanced Distributed Storage, Distributed Ledger and Hash Table, and Smart Contract Technologies.

    Nova Lifestyle launched its iDesign Technology (IDT) subsidiary in 2018. IDT provides strong technical support for the company's technological transformation and upgrade in order to enhance user experience. At the same time, IDT expects to leverage its leading technology ability by opening its Blockchain system to serve other enterprise customers looking to implement applications with emerging technologies quickly.

    iDesign Technology Chief Technology Officer Jerry Zheng commented: “We are pleased to have worked with Microsoft’s leading Azure Blockchain Workbench system to build Nova’s enterprise applications. Nova actively embraces advanced science and technology and we expect IDT will play a significant role in enhancing the Company’s profitability and technology know-how.”

    *About Nova LifeStyle*
    Nova LifeStyle, Inc., a NASDAQ Global Market listed company headquartered in California, is a fast growing, innovative designer and distributor of modern LifeStyle furniture; primarily sofas, dining rooms, cabinets, office furniture and related components, bedrooms, and various accessories in matching collections. Nova's products are made in the US, Europe, and Asia that include LifeStyle brands such as Diamond Sofa, Nova QwiK, and Bright Swallow International. Nova's products feature urban contemporary styles that integrate comfort and functionality, incorporating upscale luxury designs appeals to middle and upper middle-income consumers in the U.S., China, Europe, and elsewhere in the world. Visit Nova LifeStyle’s website at

    *Company Contact:*
    Investor Relations:
    The Equity Group Inc.
    In U.S.
    Adam Prior, Senior Vice President
    +1 (212) 836-9606

    Photos accompanying this announcement are available at Reported by GlobeNewswire 20 minutes ago.

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    Dublin, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The "Global Clinical Data Analytics Market - Segmented by Type of Deployment (Cloud, On-premise), Application, End-user, and Region - Growth, Trends, and Forecasts (2018 - 2023)" report has been added to *'s* offering.

    The Clinical Data Analytics Market was valued at USD 2.97 billion in 2017 and is expected to reach a value of USD 16.58 billion by 2023 at a CAGR of 33.07% over the forecast period of 2018-2023.

    The healthcare industry, in recent years, has witnessed a paradigm shift, with the accelerated adoption of electronic health records (EHRs) leading to the integration of the physical world with the digital. Thus, pointing to a seismic shift in the volume and quality of clinical data.

    With the integration of analytics, the healthcare industry has been facilitated with the advantage to record valuable information and datasets ranging from patient preferences, individual medical history to therapies and procedures that have proven to be effective in treating specific diseases and injuries.

    The feasibility of preventive care over reactive care, provision of evidence-based treatment to patients, and facility of personalized care, are expected to be some of the driving factors for the growth of clinical data analytics in the Asia-Pacific region.

    *Technological Advancements in Healthcare*

    Many of the technologies used in medicine and healthcare have been undergoing high digitization and technological change. Many new developments such as electronic medical records, telemedicine, sensors and wearable technology, wireless communications, and other developments have aided in the use of clinical data analytics for better patient care and targeted drug usage.

    Many industry experts believe the medical industry is in a rapid change over to consumer focused services, which could further aid the development of clinical data analytics. Development of wearable technology is one of the primary factors enabling clinical data analytics.

    The success of wearable devices such as Fitbit, Pebble, Apple iWatch, and other consumer-grade fitness trackers has grabbed the attention of physicians. Many meaningful insights can be derived from the day-long recording of patient's basic vital statistics. Apple sold over a million watches in China.

    *Pharmaceutical Industry - The Primary Recipient of Clinical Data Analytics*

    Pharmaceutical companies, to tackle various regulatory requirements, falling R&D productivity, and to optimize the value chain, have been identified to integrate clinical data analytics to create competitive differentiation.

    Though the clinical data analytics market in the pharmaceutical industry is still in the nascent stage, the scenario is expected to change by 2020, to tackle problems related to site activation, on-site identification, and patient recruitment, to name a few.

    Clinical data analytics in the pharmaceutical industry decreases the time to market a drug, identifies and mitigates risks in the clinical trial process itself, adheres to various regulations and provides a single source of conclusion by integrating multiple data sources. These benefits have made clinical data analytics a preferred choice over conventional methodologies, thus, increasing its adoption.

    *China is a Major Market*

    Increasing patient pool, steadily increasing drug development costs and timelines, and a growing opportunity in the pharmaceutical industry has made China a hotspot for clinical data analytics in healthcare.

    Multi-national pharmaceutical companies, contract research organizations (CRO), academic institutions, and service providers have taken advantage of the recent regulatory changes in China, to establish their presence in the drug manufacturing industry, thereby paving a path for the growth of clinical data analytics in healthcare in the region.

    Owing to the benign new regulations, it is estimated that a total of 41% of the organizations conducted clinical trials in China in 2016, and around 33% of all the organizations raised the number of cases enrolled in China in the past two years, emphasizing the importance of clinical data analytics.

    *Market Developments

    · Clinigence and MedConnect have partnered to bring more value-based programs for clinical data analytics. These products also help in risk mitigation as the products keep maturing.

    *Topics Covered*

    *1. Introduction*
    1.1 Scope of the Study
    1.2 Study Deliverables

    *2. Research Approach and Methodology*
    2.1 Study Deliverables
    2.2 Study Assumptions
    2.3 Analysis Methodology
    2.4 Research Phases

    *3. Market Analysis*
    3.1 Market Overview
    3.2 Value Chain Analysis
    3.3 Porter's Five Forces Analysis

    *4. Market Dynamics*
    4.1 Drivers
    4.2 Restraints
    4.3 Opportunities
    4.4 Challenges

    *5. Segmentation by Deployment Model*
    5.1 Cloud
    5.2 On-premise

    *6. Segmentation by Application*
    6.1 Quality Improvement and Clinical Benchmarking
    6.2 Clinical Decision Support
    6.3 Regulatory Reporting and Compliance
    6.4 Comparative Analytics/Comparative Effectiveness
    6.5 Precision Health

    *7. Segmentation by End-user*
    7.1 Payers
    7.2 Providers

    *8. Segmentation by Region *
    8.1 North America
    8.2 Europe
    8.3 Asia-Pacific
    8.4 Latin America
    8.5 Middle East & Africa

    *9. Competitive Landscape*
    9.1 Mergers and Acquisitions
    9.2 Agreements, Collaborations and Partnerships
    9.3 New Product Launches

    *10. Key Vendor Analysis*
    10.1 Allscripts Health Solution Inc.
    10.2 Caradigm
    10.3 CareEvolution Inc.
    10.4 Cerner Corporation
    10.5 Health Catalyst
    10.6 IBM Corporation
    10.7 Koninklijke Philips N.V.
    10.8 McKesson Corporation
    10.9 Optum Inc.
    10.10 Oracle Corporation

    *11. Future of the Market*

    For more information about this report visit

    Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

    Laura Wood, Senior Press Manager
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    Related Topics: Data Analytics Reported by GlobeNewswire 20 minutes ago.

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    AC5™ provides a new option for the treatment of topical wounds

    FRAMINGHAM, Mass., Dec. 17, 2018 (GLOBE NEWSWIRE) -- Arch Therapeutics, Inc. (OTCQB: ARTH) ("Arch" or the "Company"), developer of novel liquid, gel and solid hemostatic and wound care devices, today announced that the 510(k) premarket notification for AC5™ Topical Gel has been reviewed and cleared by the U.S. Food and Drug Administration (FDA), allowing for the product to be marketed. AC5 Topical Gel is a topical dressing indicated for use in the management of partial and full-thickness wounds, such as pressure sores, leg ulcers, diabetic ulcers, and surgical wounds.Chief Executive Officer, Terrence W. Norchi, MD, said, “We are pleased to have received 510(k) clearance for AC5 Topical Gel, having obtained important feedback from the FDA throughout the process.”

    Marketing clearance, which requires the provision of necessary documentation and data to the FDA, is an essential milestone to the path to commercialization.

    Norchi added, “We believe that AC5 can add an important option to healthcare providers’ tool kits for the treatment of wounds. We continue to develop our commercialization plans and look forward to expanding the AC5 product family both in the US and abroad, where we have filed our first application for a CE mark in Europe.”

    *About Arch Therapeutics, Inc.*
    Arch Therapeutics, Inc. is a biotechnology company developing a novel approach to stop bleeding (hemostasis), control leaking (sealant) and manage wounds during surgery, trauma and interventional care. Arch is developing products based on an innovative self-assembling barrier technology platform with the goal of making care faster and safer for patients. Arch's development stage product candidates include AC5™ Topical Gel, AC5™ Topical Hemostat^1 and AC5™ Surgical Hemostat^1.

    *Notice Regarding Forward-Looking Statements*
    This news release contains "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, references to novel technologies and methods, our business and product development plans and projections, or market information. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products or technologies and operating as a development stage company, our ability to retain important members of our management team and attract other qualified personnel, our ability to raise the additional funding we will need to continue to pursue our business and product development plans, our ability to obtain required regulatory approvals, our ability to produce commercial quantities of our products within projected timeframes, our ability to develop and commercialize products based on our technology platform, and market conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at

    Source: Arch Therapeutics, Inc.

    ARTH Investor Relations
    Toll Free: +1-855-340-ARTH (2784) (US and Canada)


    Richard Davis
    Chief Financial Officer
    Arch Therapeutics, Inc.
    Phone: 617-431-2308

    1. AC5 Topical Hemostat and AC5 Surgical Hemostat are currently investigational devices and are limited by federal law to investigational use. Reported by GlobeNewswire 11 minutes ago.

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    The PAM1IVN27 and PAM2IVN24 Are Suited for Critical In-Vehicle Automotive Sub-Systems

    TEMPE, Ariz. (PRWEB) December 17, 2018

    ProTek Devices today introduced two automotive circuit protection devices that are AEC-Q101 qualified to guard against electrostatic discharge and electrical fast transients in critical automotive systems.

    The PAM1IVN27 and PAM2IVN24 devices are ideal for CANBus, LINBus, FlexRay, and SENT in-vehicle sub-systems. Both new devices are also compatible with IEC standards 61000-4-2 (ESD): air ±30kV, contact ±30kV; with 61000-4-4 (EFT); and with 61000-4-5 (surge): 5A. The circuit protection components also provide bidirectional configuration, a low clamping voltage, and ultra-low leakage current of 0.8nA at 27 degrees Celsius (typical). In addition, the parts are RoHS and REACH compliant.

    Mechanical, Packaging and Availability Information
    Now available, the PAM2IVN24 is provided in a molded JEDEC SOT-23 package while the PAM1IVN27 comes in a molded JEDEC SOD-323 package. The PAM2IVN24 has an approximate weight of just eight milligrams and the PAM1IVN27 has an approximate weight of only five milligrams. Other key mechanical characteristics for both components include lead-free pure-tin plating (annealed) and a solder reflow temperature (pure-tin Sn) of 260-270 degrees Celsius. The devices’ flammability ratings are UL 94V-0. They are delivered on 8mm tape and reel, per EIA standard 481, in minimum quantities of 3,000.

    Pricing information and purchasing details can be had by contacting any authorized worldwide distributor, representative, or directly with ProTek Devices. These sales sources are available throughout North America, Europe, Asia, South America, and more. Full contact information for all regions can be found at the company website.

    About ProTek Devices
    In business more than 25 years, ProTek Devices™ is a privately held semiconductor company. It offers a comprehensive product line of circuit protection devices. This includes overvoltage protection components and overcurrent protection components. Its transient voltage suppressors (TVS array), avalanche breakdown diodes, steering diode TVS arrays, PPTC devices, and electronic SMD chip fuses are widely used. Household brands and many other companies use ProTek Devices’ products to protect investments made in electronics designs and investments customers make in their products. Circuit protection is provided against lightning; electrostatic discharge (ESD); nuclear electromagnetic pulses (NEMP); inductive switching; and electromagnetic interference / radio frequency interference (EMI / RFI). ProTek Devices is based in Tempe, Ariz. It sells its components through a worldwide network of distributors and representatives across the US, Europe, Asia, Latin America, and more. Additional information is available at

    Note: Whether noted or not, references to certain words or names may be trademarks or registered trademarks of their respective owners. Reported by PRWeb 10 minutes ago.

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    *   •  The ongoing USD retracement failed to assist the pair to build on an intraday uptick.
       •  Cautious mood further underpins JPY’s safe-haven demand and exerting pressure.*

    After an initial uptick to mid-113.00s, the USD/JPY pair met with some fresh supply and dropped to fresh session lows in the last hour.

    The pair extended last week's retracement slide from 1-1/2 week tops, with a combination of negative forces exerting some downward pressure for the second consecutive session on Monday. The ongoing US Dollar corrective fall from 1-1/2 year tops, amid uncertainty over the Fed's monetary policy outlook for 2019, kept a lid on the pair's attempted intraday rebound. 

    This coupled with concerns over the outlook for global growth, especially after Friday's dismal macro data from China and Europe, underpinned the Japanese Yen's safe-haven demand and further collaborated to the pair's weaker tone at the start of a new trading week. 

    It, however, remains to be seen if the current pull-back finds some buying interest at lower levels or the marks the end of the recent up-move from the very important 100-day SMA support amid absent market moving economic releases. 

    Heading into this week's key event risk - the highly anticipated FOMC monetary policy update, traders are likely to refrain from placing any aggressive bets and might help limit any meaningful downside, at least for the time being.

    Yohay Elam, FXStreet's own Analyst explains: “The most significant event of the week is Wednesday's all-important Fed decision. A rate hike is fully priced in, but expectations about the guidance for 2019 remain wide open. The latest forecast on rates by the Fed showed three increases next year. Recent dovish comments and unimpressive economic data caused some second thoughts about only one hike or even none at all.”

    *Technical outlook*

    “The Relative Strength Index on the four-hour chart is balanced at around 50 and Momentum is not showing any trend. The pair is hovering slightly above the 50 and 200 Simple Moving Averages, but this is unlikely indicative of any significant movement,” he added further.
      Reported by 8 minutes ago.

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    Connecticut-based Great Point Partners announces a growth recapitalization of Spine & Sport Physical Therapy, a leading provider of outpatient physical therapy and rehabilitation services in the San Diego, CA metropolitan area.

    GREENWICH, Conn. (PRWEB) December 17, 2018

    Great Point Partners (“GPP”) today announced a growth recapitalization of Spine & Sport Physical Therapy, a leading provider of outpatient physical therapy and rehabilitation services in the San Diego, CA metropolitan area, operating 16 owned outpatient physical therapy clinics as well as managing five additional locations in Northern California. The Company’s outpatient clinics provide treatment to patients suffering from musculoskeletal impairments associated with accidents, sports injuries, surgeries, and various other medical conditions.

    “Right from the initial conversation when they proactively approached us about a partnership, Great Point demonstrated its expertise in physical therapy and health care. Their prior successful experience with Professional Physical Therapy and market knowledge make them an ideal partner for Spine & Sport. Our shared vision for growth is to continue to build Spine & Sport organically and through tuck-in acquisitions. We will do that while continuing to maintain the highest level of clinical care and providing more opportunities for our employees,” said Mark Mathiesen, CEO of Spine & Sport.

    “We are excited to partner with the Spine & Sport team and help them execute an accelerated growth plan,” said Adam Dolder, Managing Director at Great Point Partners. “With our investment, directly relevant experience and shared vision, we believe it’s possible to transform the Company into the leading outpatient physical therapy provider in Southern California. Our plan is similar to what we accomplished with Professional Physical Therapy in the New York metro area.”

    “The founders of Spine & Sport, Mike Biggs, Mark Mathiesen and Joe Verna have done a tremendous job building the business over the past decade,” added Stephen Weaver, Senior Vice President of Great Point Partners. “We are thrilled to partner with the team on the growth strategy by combining their experience and high-quality clinicians with our knowledge of the outpatient physical therapy sector and ability to source and execute tuck-in acquisitions.”

    About Great Point Partners

    Great Point Partners (“GPP”), founded in 2003 and based in Greenwich, CT, is a leading health care investment firm with approximately $1.4 billion of equity capital currently under management and 28 professionals, investing in the United States, Canada, and Western Europe. GPP is currently making new private equity investments from GPP II, which has closed on $215 million. Great Point manages capital in private (GPP I, $156 million and GPP II, $215 million of committed capital, and GPP III with a target of $250 million in committed capital) and public (BioMedical Value Fund strategy, approximately $800 million) equity funds. Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 100 growing health care companies. The private equity funds invest across all sectors of the health care industry with particular emphasis on biopharmaceutical services and supplies, outsourcing and alternate site care, pharmaceutical infrastructure and information technology enabled businesses. The firm pursues a proactive and proprietary approach to sourcing investments and tuck-in acquisitions for its portfolio companies. Reach Great Point at 203-971-3300 or

    About Spine & Sport

    Spine & Sport Physical Therapy (“Spine & Sport”), headquartered in San Diego, CA is a leading provider of physical therapy and rehabilitation services in the San Diego metropolitan area. Spine & Sport was founded in 1999 and is currently operated by three entrepreneurs with significant experience in the outpatient multi-site healthcare space. The Company operates 16 owned outpatient physical therapy clinics as well as managing five additional locations in Northern California. The Company’s outpatient clinics provide treatment to patients suffering from musculoskeletal impairments associated with accidents, sports injuries, surgeries, and various other medical conditions. Spine & Sport’s rehabilitation programs and services help patients minimize physical and cognitive impairments and maximize functional ability so that they can return to competition, the workplace and / or their normal lifestyle. Reach Spine & Sport at 800-976-7544 or Reported by PRWeb 3 minutes ago.

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    Allegis Global Solutions (AGS) has announced a go-to-market partnership with Adepto, an international market leader in Total Talent technology. As a part of AGS’ strategy to provide universal access to all forms of talent, Adepto’s technology will enable AGS’ clients to engage with internal talent, hidden resources and skills already in the company to develop more agile workforces.

    HANOVER, Md. (PRWEB) December 17, 2018

    Allegis Global Solutions (AGS) has announced a go-to-market partnership with Adepto, an international market leader in Total Talent technology. As a part of AGS’ strategy to provide universal access to all forms of talent, Adepto’s technology will enable AGS’ clients to engage with internal talent, hidden resources and skills already in the company to develop more agile workforces.

    The new partnership furthers Adepto’s global capabilities to support AGS clients - in more than 60 countries. This will build on previous Adepto growth across Europe and Australia, as they plan to enter the North America market in early 2019.

    Organizational leaders face growing workforce complexities: The increased fluidity of the workforce — coupled with regulatory change and generational attitudes — means more flexible approaches are needed.

    Adepto’s platform provides organizations with a real-time view of all the skills available — building a private network of internal talent. The technology will increase AGS’ internal resourcing capabilities, help clients locate the best talent available to them, and give full visibility over skills and experience in-house. As a result, AGS clients will see increased efficiency and cost savings, and better, more agile resourcing.

    “We are excited to begin working with Adepto to provide an enhanced digital experience for AGS’ clients. The partnership will enable AGS to illuminate the process around talent management, resulting in better matching of people to work and a holistic overview of all skills available to a client. Adepto’s technology directly addresses the many challenges that organizations face with the changing workforce and disparate HR technology.” - Tracey Klein, Executive Director of Global Partner Alliance at AGS

    “Our partnership with AGS comes at an important time as we continue to focus on supporting global customers and ensure their success. Looking to 2019 we will focus on broadening our offering and through this partnership, we can help AGS’ global clients to effectively tap into all the talent already working for them - meaning better-engaged workers and more productive work.

    The total talent market is still maturing, and we want to ensure organizations faced with these challenges can look to their existing service providers for guidance. Now, with AGS supporting us, we have another seal of approval from a key player in the market for our technology.” - Chris Milligan, CEO and Founder of Adepto, Ltd.

    ALLEGIS GLOBAL SOLUTIONS is a leader in global talent solutions. To date, we support clients in more than 60 countries through regional hubs, matching our great people with businesses seeking to optimize their permanent and contingent workforce. We deliver scalable, flexible and customized solutions, shaped around your unique business requirements and culture. We draw upon decades of industry expertise and market insight to design strategies that work. We develop innovative tools, products and processes that deliver the results you seek. And we do all this better than anyone else.

    Our passion for talent is the driving force behind everything we do. We live to match exceptional organizations with outstanding people. By creating a culture devoted to great talent, we can deliver client-focused solutions that make a difference for your business. Reported by PRWeb 6 minutes ago.

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    Allied Esports™ Property Network to Offer Members Access to Global Events and Content, Expertise in Design and Operations, and Unique Sponsorship OpportunitiesFortress Esports Joins Program with Partnership Covering Exclusive Rights to New Properties in Australia and New Zealand

    ORANGE COUNTY, Calif., Dec. 17, 2018 (GLOBE NEWSWIRE) -- Allied Esports™, a global esports entertainment company, today announced the formation of the world’s first esports venue affiliate program – the Allied Esports Property Network – created for global partners interested in participating in Allied Esports’ global event programming, and licensing Allied Esports’ design, development and operations expertise for their own dedicated esports venues.


    The Allied Esports Property Network will provide members with access to Allied Esports’ global platform of events and content production, providing participants and viewers with integrated experiences both in-person and online. Affiliate members will be fully incorporated into Allied Esports’ global tournament ecosystem, offering teams and players the opportunity to participate in high-stakes events worldwide, culminating in live events held at Allied Esports’ flagship location, HyperX Esports Arena Las Vegas.


    “The Allied Esports Property Network aligns like-minded operators around the world, which we believe is a recipe for building even more powerful offerings for gamers, streamers, teams, sponsors and fans to create unparalleled experiences and content together,” said Jud Hannigan, CEO of Allied Esports. “As we continue to add more global flagship properties and expand our fleet of esports trucks, this new affiliate program will organically grow our footprint worldwide and provide members with an incredible opportunity to participate in our event and content calendar, while operating their own facilities in a way that best suits their respective regions and customer base.”


    Moving forward, Allied Esports’ global assets will include two categories of properties: proprietary, such as HyperX Esports Arena Las Vegas, the Esports Studio in Hamburg, Germany, and its fleet of esports trucks; and affiliate partners, which now include U.S.-based Esports Arena Orange County and Esports Arena Oakland, and China-based Lianmeng Dianjing Beijing Arena, Lianmeng Dianjing SEG Shenzhen Arena, Lianmeng Dianjing Tianjin Arena, Lianmeng Dianjing Gui’an Arena and Lianmeng Dianjing LGD Hangzhou Arena.


    Allied Esports also announced a multi-year agreement with Fortress Esports Pty Ltd, a new gaming, esports and entertainment venue enterprise in Australia, that will include exclusive rights to esports venue development in Australia and New Zealand. The first Fortress Esports venue to be part of the Allied Esports Property Network is expected to open in Melbourne in 2019.


    “Fortress Esports is thrilled to join the Allied Esports Property Network. Live, social video gaming and esports is an emerging phenomenon in Australia and New Zealand, and we believe our partnership with Allied will provide us with a formidable edge to shape and define the market for years to come,” said Jon Satterley, CEO, Fortress Esports. “A Fortress isn’t just an esports arena and venue. It’s a community hub and social gathering place. A place for friends to meet and play video games together. An inclusive, friendly and welcoming home for every kind of games lover.”


    The Allied Esports Property Network will also offer exclusive brand licensing rights and participation in proprietary tournaments and event programming, as well as expert guidance for venue development; design conceptualization and planning; tournament organization; and content creation and distribution. Affiliate program members will also have access to shared sponsorship opportunities with Allied Esports’ partners spanning North America, Europe and China. All Allied Esports Property Network members will be designated by the Allied Esports Property Network logo on display at each location.

    * *

    *About Allied Esports *

    Allied Esports is a premier esports entertainment company with a global network of dedicated esports properties and content production facilities. Its mission is to connect players, streamers and fans via integrated arenas and mobile esports trucks around the world that serve as both gaming battlegrounds and every day content generation hubs. Allied Esports is a subsidiary of Ourgame International (SEHK:899), owner of WPT Enterprises, Inc., the operator of The World Poker Tour®.


    Through direct operation and affiliate relationships via the Allied Esports Property Network, the first esports venue affiliate program available to partners looking to open new esports facilities around the world, Allied Esports locations currently include 11 properties in the top three esports markets across the globe: North America’s HyperX Esports Arena Las Vegas, Esports Arena Orange County, Esports Arena Oakland and Esports Truck “Big Meta”; Europe’s ELC Gaming Esports Truck “Big Betty” and Esports Studio in Hamburg, Germany; and China’s Lianmeng Dianjing in Beijing, Lianmeng Dianjing SEG Arena in Shenzhen, Lianmeng Dianjing Tianjin Arena, Lianmeng Dianjing Gui’an Arena and Lianmeng Dianjing LGD Hangzhou Arena. The Allied Esports Property Network’s 12th property, run by Fortress Esports, is expected to open in Melbourne, Australia in 2019.


    For more information, visit and follow @AlliedEsports on social media.


    *About Fortress Esports*

    Fortress Esports is a new entrant into the video game and esports industries with one goal in mind: to transform live, social gaming as an entertainment pursuit for millions of players and fans. Considering football, baseball, cricket (we are Australian!) and other sports enjoy extensive infrastructure across cities, suburbs and regional areas, Fortress believes the time is now to create the same supportive, grassroots facilities to promote the growing interest in esports.


    Every Fortress built across Australia and New Zealand will be a shrine to video games and related gaming culture. It begins with esports - and arenas to support competition - but also extends to the simple joy of picking up a controller and playing a game with a friend. Great food and drink, themed lounges, big screen action, seven-days-a-week.


    Fortresses will be in the best locations, with high quality fit-out and facilities, regular events, community and membership rewards backed by a staff committed to providing welcoming, inclusive, exhilarating fun.


    # # #


    · Allied Esports Property Network Logo Blue
    · Fortress Esports Logo

    CONTACT: Brian Fisher
    Allied Esports
    315-415-2799 Reported by GlobeNewswire 2 hours ago.

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    Dublin, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The "Philippines Logistics and Warehousing Market Outlook to 2023 - By Freight Forwarding, Warehousing, Express Logistics, E-commerce Logistics, Third Party Logistics, Balikbayan Box Segment" report has been added to *'s* offering.

    Philippines Logistics and Warehousing Market Outlook to 2023 covers the overall competitive landscape; government role and regulations, SWOT analysis, growth drivers, trends and developments. The report concludes with future projections and analyst recommendations highlighting the major opportunities and cautions.*Philippines Logistics and Warehousing Market Size*
    Philippines has witnessed a growing need of maritime, aviation and land transport systems to ensure efficient flow of resources and commodities within the country as well as to other countries globally. The country is focusing on improving its trade relations which has resulted in growth in import and export in terms of value and volume.

    Philippines logistics and warehousing market augmented positively from 2012 to 2017 at a positive CAGR during the review period 2012-2017. Additionally, the country has witnessed increasing container freight traffic volume during the same period.

    *By Service Mix*
    The freight forwarding segment dominated the overall Philippines logistics and warehousing market in the year 2017, followed by the warehousing segment. Road freight has been considered as the most convenient mode of transportation of goods owing to high demand from the industrial sector coupled with booming E-commerce industry in the country.

    The increase in demand for transportation of goods from one place to another has accelerated the size of the freight forwarding market in the country. Moreover, the high export and import revenues have positively impacted the freight forwarding industry in the country.

    *Philippines Freight Forwarding Market*
    The growth of freight forwarding in Philippines was supported by development in major industries such as manufacturing, retail, wholesale, construction, agriculture and mining. In the Philippines, land transport has dominated the overall freight forwarding industry which has accounted for maximum revenue share in the overall logistics market during 2017, followed by air and water transport, respectively.

    The government of Philippines has initiated a Build Build Build' infrastructure program under which many projects will start construction in 2018 in the cargo transportation industry.

    *Philippines Warehousing Market*
    The Philippines has been considered as one of the most strategic locations in the Indo-Pacific Ocean. Industrial / Retail sector is the largest contributor to the warehousing sector, followed by container freight, cold storage, agriculture and others in terms of revenues in 2017. Increasing prominence of online shopping will increase the size of E-commerce industry in the country.

    The companies from retail sector, FMCG sector, pharmaceutical sector, apparels and other accessories are anticipated to witness robust growth. E-commerce companies require warehousing facilities to store the products which will trigger the demand for warehousing space in coming future.

    *Philippines Express Delivery Market*
    The express delivery companies have created a door to door linkage across domestic and international markets and have developed advanced shipment tracking facilities to cater to time-sensitive needs of the logistics sector. Air express has dominated the express delivery market in terms of revenue during 2017, followed by road express in the Philippines.

    The services provided by express delivery companies such as guaranteed delivery services, door to door delivery, track orders and others will continue to drive the demand for express delivery services in near future.

    *Philippines E-Commerce Logistics Market*
    Philippines E-commerce industry has witnessed a moderate rise over the past three years with an increase in internet penetration into the country. Additionally, escalation in the number of smart phones in the country has augmented the online shopping. Companies such as DHL, LBC and UPS have inculcated e-commerce features in their websites in order to assist customers to order online. It has been expected that the e-commerce logistics will witness a CAGR of 24.9% during the years 2016-2020.

    *Philippines 3PL Market*
    Third party logistics providers are independent companies that provide multiple logistics services to a purchasing company. Some of the significant services offered by 3PL providers in the Philippines include warehousing, freight forwarding, customs brokerage, product labeling and packaging, inventory management and fleet management.

    Demand for 3PL (Third Party Logistics) services has been increasing in the Philippines on account of increasing need to handle increased delivery and warehousing volume, owing to booming E-commerce.

    *Philippines Balikbayan Box Market*
    The balikbayan boxes serve as an emotional bridge between parents and siblings who part with their families to earn a higher wage abroad collectively known as Overseas Filipino Workers. The influx of Balikbayan boxes to the Philippines has been examined to increase during the holiday season whereas, slow growth was observed in balikbayan box shipments during off-season.

    *Comparative Landscape in Philippines Logistics and Warehousing Market*
    The domestic express delivery firms have a stronger presence in several cities nationwide whereas, international express delivery firms dominate the Philippines express delivery market.

    The E-commerce logistics industry of the Philippines was observed to be highly concentrated with the presence of major players such as Lazada, LBC Express, DHL and Shopee covering around majority of the market share in the year 2017. These companies were witnessed to compete on parameters such as shipping points, coverage area, delivery assistance (last mile) and payment collection medium.

    The competition in the Balikbayan box market has been intensified due to rising presence of a large number of domestic and international players in the industry.

    *Future Outlook and Projections*
    Growing E-commerce industry has given opportunities to logistics players to expand their business across the nation and it will further enhance the demand of logistics in coming years. The logistics and warehousing companies operating within the Philippines are expected to invest on advanced technologies solutions for instance, autonomous logistics, real-time tracking, automation and robotics in order to provide an improved customer service.

    *Key Segments Covered:*

    *Freight forwarding Market*

    *By Mode of transport*

    · Land Transport
    · Water Transport
    · Air Transport

    *By Destination*

    *By International Freight*

    · Domestic Freight

    *By Flow Corridors*

    · Asia
    · North America
    · Europe
    · Middle East and others

    *By Owned Fleet and Rented/3PL Fleet*

    *By Normal and Express Delivery*

    · Philippines Warehousing Market

    *By End Users*

    · Food & Beverage
    · Pharmaceuticals & Medical Consumables
    · Textile and Footwear
    · Electronics
    · Chemicals and others

    *By International and Domestic Companies*

    *By Business Model*

    · Industrial / Retail Freight
    · Container Freight
    · Cold Storage
    · Agriculture and others
    · Philippines Express Delivery Market

    *By Type:*

    · Air Express
    · Road Express

    *By Delivery Type*

    · International Delivery and Domestic Delivery

    *By Business Mode*

    · B2B, C2C and B2C

    · Philippines E-commerce Market

    *By Channel*

    · E-commerce merchants
    · 3PL - Third Party Logistics companies
    · By Time Duration
    · One Day Delivery
    · 2 Day Delivery
    · Same Day Delivery and others

    *By Area*

    · Intracity
    · Intercity

    *By Payment Method*

    · Cash on Delivery and others
    · Philippines 3PL Market

    * By Market*

    · Freight Forwarding
    · Warehousing
    · Philippines Balikbayan Box Market

    *By On-season*

    · Off-season

    *Key Target Audience*

    · Freight Forwarders
    · Warehousing Companies
    · Packaging and Labeling Companies
    · Cold Storage Facilities and Transportation Companies
    · Express Delivery Companies
    · E-commerce Logistics Service Providers
    · Postal, Couriers & Messengers
    · Third Party Logistics Companies
    · Inventory Management Companies
    · Warehousing Automation and Technology Services Providers
    · Balikbayan Box Shipment Companies
    · Consulting Companies
    · Private Equity/ VCs/ Investment Banking Companies

    *Time Period Captured in the Report:*

    · 2012-2017 - Historical Period
    · 2018-2023 - Future Forecast

    *Companies Covered:*

    *Freight Forwarding and Warehousing Companies *· Chelsea Logistics Holdings Corporation
    · International Container Terminal Services Inc.
    · Lorenzo Shipping Corporation
    · Metro Alliance Holdings and Equity Corp.
    · Asian Terminals Inc.
    · AAI Worldwide Logistics Inc.
    · Kintetsu World Express
    · Royal Cargo
    · ABest Express
    · Agility
    · Panalpina
    · Yusen Logistic Co. Ltd.
    · All Transport Network Logistics (ATN)
    · F2 Logistics
    · All Systems Logistics (ASL)
    · LF Logistics
    · Nippon Express
    · Expeditors

    *Express and E-Commerce Logistics Companies*· LBC Express
    · 2GO
    · PHL Post
    · JRS Express
    · Air 21
    · DHL
    · FedEx
    · UPS
    · TNT
    · Lazada Express
    · Shopee

    *Balikbayan Box *· Jolly B Box
    · Forex Cargo
    · AfreightFor more information about this report visit

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    Related Topics: Logistics Reported by GlobeNewswire 1 hour ago.

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    Dublin, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The "Global Safety Sensors Market - Segmented by Type (Safety Light Curtain, Safety Laser Scanner, Safety Mat, Safety Edge), End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to *'s* offering.

    The Safety Sensors Market was valued at USD 492.81 million in 2017, and it is expected to reach a value of USD 597.38 million by 2023, at a CAGR of 3.24% over the forecast period (2018-2023).

    Safety sensors play a vital role in ensuring workplace safety of employees across industry verticals. They act as bridge between human and machine interaction to provide useful, precise, and timely indications to avoid accidents. Stringent safety regulations by government and increasing automation are key drivers for the growth of the safety sensors market.

    *Emergence of MEMS Technology*

    The emergence of micro-electro mechanical systems (MEMS) technology resulted in miniaturization of mechanical and electro-mechanical elements in the field of sensors and semiconductors with micro-fabrication and micro-machining techniques. MEMS have now become an undisputable part of the future navigation systems.

    The growth in this technology has been driven by the growing pressure on contract manufacturers to reduce the size of inertial systems to make it suitable for wider applications. MEMS-based accelerometers are reducing the complexity and overall size of the system. This technology is expected to further drive the next wave of innovation in the inertial systems.

    *Increased Demand from Mining Sector*

    Safety sensors are widely used in the mining sector and are deployed for surveying static holes to determine the feasibility of deep drilling. These sensors are designed to withstand a wide range of temperatures since they are used in tilt and guidance systems, for determining the presence of deformed areas in existing sites.

    A wide range of products cater to inertial, seismic, tilt and vibration monitoring applications. These devices are designed to offer high shock resistance and high stability, for smooth functioning in harsh environments.

    Though the global outlook for mining sector remains largely mixed owing to fluctuations in metal & oil prices, this market is poised to grow rapidly, owing to the increased construction in developing countries.

    *2017 Market Developments

    · December 2017 - Rockwell Automation introduced metal, flat-pack industrial sensors- 871FM. These sensors deliver more comprehensive diagnostic and parameter data to the controller over EtherNet/IP from the IO-Link master module.
    · May 2017 - Siemens expanded its ultrasonic level transmitter portfolio by adding the non-contacting transmitter Sitrans LU180. Sitrans LU180 incorporates the sensor and the electronics in a single compact unit and is suitable for continuous level measurement of liquids and slurries in open or closed vessels.

    *Key Topics Covered*

    *1. Introduction*
    1.1 Scope of the Study
    1.2 Study Deliverables

    *2. Research Approach and Methodology*
    2.1 Study Assumptions
    2.2 Analysis Methodology
    2.3 Research Phases

    *3. Executive Summary*

    *4. Market Dynamics*
    4.1 Market Overview
    4.2 Introduction to Drivers and Restraints
    4.3 Market Drivers
    4.4 Market Restraints
    4.5 Value Chain Analysis
    4.6 Porter's Five Forces Analysis

    *5. Technology Overview*
    5.1 Safety Light Curtain Sensor
    5.2 Safety Mat Sensor
    5.3 Magnetic Sensor
    5.4 Inductive Sensor

    *6. Segmentation By Type*
    6.1 Safety Light Curtain
    6.2 Safety Laser Scanner
    6.3 Safety Mat
    6.4 Safety Edge
    6.5 Others (Hand Detection Safety Sensor)

    *7. Segmentation By End-user Industry*
    7.1 Pharmaceutical
    7.2 Food & Beverage
    7.3 Automotive
    7.4 Others

    *8. Segmentation By Geography*
    8.1 North America
    8.2 Europe
    8.3 Asia-Pacific
    8.4 Latin America
    8.5 Middle East & Africa

    *9. Competitive Intelligence - Company Profiles*
    9.1 Omron Corporation
    9.2 Rockwell Automation
    9.3 Keyence Corporation
    9.4 Banner Engineering Corporation
    9.5 ABB Limited
    9.6 Siemens AG
    9.7 Panasonic Electric Works Co. Ltd.
    9.8 SICK AG
    9.9 Pepperl+Fuchs
    9.10 Pilz GmbH & Co.
    9.11 Autonics Corporation
    9.12 BEI Sensor
    9.13 Hans Turck GmbH & Co. KG
    9.14 Larco
    9.15 Schneider Electric
    9.16 Leuze electronic GmbH
    9.17 Pinnacle Systems Inc.
    9.18 Balluff GmbH
    9.19 Contrinex

    *10. Investment Analysis*

    *11. Future of the Market*

    For more information about this report visit

    Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

    Laura Wood, Senior Press Manager
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    Related Topics: Sensors Reported by GlobeNewswire 1 hour ago.

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    Former Sweden striker Zlatan Ibrahimovic has hinted he is staying at Los Angeles Galaxy amid speculation about his future

    The post Zlatan Ibrahimovic issues response to rumours of return to Europe appeared first on Reported by Team Talk 1 hour ago.

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    Dublin, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The "Global Synthetic Aperture Radar Market - Segmented by Application (Military and Defense, Monitoring and Exploration), and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to *'s* offering.

    The global Synthetic Aperture Radar Market was valued at USD 2.24 billion in 2017 and is expected to reach USD 4.24 billion by 2023, at a CAGR of 11.6%, during the forecast period (2018-2023). The report profiles synthetic aperture radar (SAR) providers for various applications, such as military and defense, monitoring and exploration.

    Synthetic aperture radars (SAR) have numerous applications, including terrain structural information for mineral exploration, oil spill boundaries on the water to environmentalists, and investigating and gathering information for military operations, among various others. The last two decades have witnessed unprecedented growth in the satellite-based earth observation segment.

    The sector is still biased toward electro-optically derived imagery. However, increasing levels of acceptance and usage of satellite-derived synthetic aperture radar data were observed, during the last few years.

    Moreover, factors, such as increasing demand for enhanced imaging technologies for remote sensing and security concerns, specifically to counter terrorism in the Middle East and Asia-Pacific, and the need for continuous awareness of the environment, are expected to drive the synthetic aperture radar market, during the forecast period.

    *The Monitoring & Exploration Segment is Expected to Register a Significant Growth Rate*

    Synthetic Aperture Radars are increasingly being deployed for monitoring and exploration applications, such as oil gas exploration, forest monitoring, mineral exploration, and archaeology, among various other.

    High risk of oil and gas exploration in the sea demands a high-level of safety insurance to prevent environmental damage, monitoring ship activity, oil spills, and monitor environmental parameters. Thus, use the quasi-real-time information received from the SAR imagery, an accurate understanding of the project during the tow-out, positioning, and installation, as well as external environmental conditions, can be obtained.

    Also, Launch of SAR satellite missions, like Sentinel-1 in 2014, has allowed COMET to track 1,500+ volcanoes above sea-level for any signs of ground deformation, a significant sign of magma activity.

    *North America is Expected to Register Highest Market Share*

    The United States is a pioneer in the field of advanced technology in the military applications. Also, the country has the highest military spending in the world. It has been proactively investing in the research and development of synthetic aperture radars and is taking efforts in deploying this technology to increase the operational effectiveness of its surveillance systems.

    The defense sector of the country has a strong technology front, due to its in-house technological capabilities and partnerships and contracts with major players, such as Lockheed Martin. These partnerships were encouraged through legislation, policy, and organizational innovations, and have been instrumental in encouraging the development of world-class military technology related to SAR, for national defense.

    Also, the country boasts of the highest number of satellites deployed in the space. With more launches to follow suit, the demand for SAR in satellites missions is expected to increase in the country. Thus, a growth in the Synthetic Aperture Radar market can be expected in the North American region.

    *Developments in the Market*

    · June 2018 - Airbus announced a data-sharing agreement with Thailand-based satellite imagery purveyors, Planet Labs. The deal also comprises a project to deliver a geo-information platform and pipeline for the Thai government.
    · March 2018 - ICEYE signed an agreement with Kongsberg Satellite Services to acquire SAR satellite tasking and data from ICEYE. The maritime and ice monitoring data will be collected with ICEYE-X1, its first satellite in orbit.

    *Topics Covered*

    *1. Introduction *
    1.1 Scope of the Study
    1.2 Study Assumptions
    1.3 Study Deliverables

    *2. Research Methodology *
    2.1 Research Phases
    2.2 Analysis Methodology

    *3. Executive Summary *

    *4. Market Insights *
    4.1 Market Overview
    4.2 Industry Attractiveness- Porter's Five Forces Analysis
    4.2.1 Threat of New Entrants
    4.2.2 Bargaining Power of Suppliers
    4.2.3 Bargaining Power of Consumers
    4.2.4 Threat of Substitute Products
    4.2.5 Intensity of Competitive Rivalry

    *5. Market Dynamics *
    5.1 Market Drivers
    5.1.1 Increasing Demand for Enhanced Imaging Technology for Remote Sensing
    5.1.2 Increasing Geopolitical Instabilities in Middle East and Asia-Pacific Regions, Leading to Surveillance Demand
    5.2 Market Challenges
    5.2.1 Performance Limitations Of Synthetic Aperture Radar Systems

    *6. Global Synthetic Aperture Radar Market Segmentation*
    6.1 By Application
    6.1.1 Military and Defense
    6.1.2 Monitoring and Exploration
    6.1.3 Other Applications
    6.2 By Geography
    6.2.1 North America
    6.2.2 Europe
    6.2.3 Asia-Pacific
    6.2.4 Latin America
    6.2.5 Middle East & Africa

    *7. Competitive Intelligence*
    7.1 Lockheed Martin Corporation
    7.2 Airbus Defence and Space
    7.3 ASELSAN AS
    7.4 BAE Systems
    7.5 Cobham PLC
    7.6 General Atomics Aeronautical Systems Inc.
    7.7 Harris Corporation
    7.8 IMSAR LLC
    7.9 Israel Aerospace Industries Ltd
    7.10 Leonardo SpA
    7.11 Maxar Technologies Ltd
    7.12 MetaSensing Group
    7.13 Northrop Grumman Corporation
    7.14 Raytheon Company
    7.15 Saab AB
    7.16 SAR AERO
    7.17 SRC Inc.
    7.18 Thales Group
    *List Not Exhaustive

    *8. Investment Analysis *

    *9. Future of the Market*

    For more information about this report visit

    Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

    Laura Wood, Senior Press Manager
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    Related Topics: Radar Systems Reported by GlobeNewswire 1 hour ago.

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    Latest Europa League Betting Odds: Chelsea and Arsenal lead the way after Round of 32 draw The Premier League duo cruised through the group stage and are seen as the most likely winners of Europe's second tier club competition this season Reported by 1 hour ago.

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    PARSIPPANY, N.J., Dec. 17, 2018 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. *(NASDAQ: CAR)* will connect an additional 75,000 vehicles to its cloud-based, next generation platform through the installation of in-vehicle telematics devices provided by I.D. Systems, Inc.* (NASDAQ: IDSY). *The new agreement builds on the successful deployment of 50,000 units during the past year. I.D. Systems’ wireless in-vehicle management system permits two-way data communications between a vehicle and Avis Budget Group’s cloud-based system and its mobile apps, effectively “connecting” the car.“We’re taking advantage of both OEM and third-party solutions as we move closer to our industry-leading goal of a fully connected fleet in 2020,” said Arthur Orduña, chief innovation officer, Avis Budget Group. “I.D. Systems’ telematics enable us to quickly integrate a variety of makes and models of vehicles to our next-generation connected car management platform, enabling new efficiencies and services benefiting both our business operations and our rental customers.”

    Connected vehicles allow Avis customers to manage their entire experience through the Avis mobile app, including choosing the type of vehicle they want to drive and extending the duration of their reservation. Even returning a vehicle is automated with connected technology, allowing customers to drop off their vehicles through a simple tap in the Avis app.

    In addition, the connected fleet offers Avis Budget Group significant opportunity to streamline operations and reduce costs. This includes real-time inventory counts, mileage management and automated maintenance notification. Having a fleet of connected cars enables more sophisticated tracking of idle vehicles, and automated processing of cars ready to rent. 

    The new units will support both the Avis and Zipcar mobile apps, meaning Avis Budget Group can more easily position vehicles across the brands to meet periods of high demand or for other business reasons. They also enable utilization in Europe, and Avis Budget Group will begin testing them in select markets in 2019.

    “This new agreement continues our many years of working hand-in-hand with Avis Budget Group to develop, build and implement innovative technology that enables Avis Budget Group to achieve their connected fleet and business transformational goals,” said Chris Wolfe, chief executive officer of I.D. Systems.  

    *About Avis Budget Group*
    Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world’s leading car sharing network, with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 31,000 employees and is headquartered in Parsippany, N.J. More information is available at

    *About I.D. Systems*
    Headquartered in Woodcliff Lake, N.J., with subsidiaries in Texas, Germany, and the United Kingdom, I.D. Systems, Inc. is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, including rental cars, industrial vehicles, trailers, containers, and cargo. The Company’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. For more information, please visit

    *Forward-Looking Statements*

    This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, the anticipated benefits of connected vehicles and the anticipated timing of when the Company will have connected vehicles in its fleet. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Important assumptions and other important factors that could cause actual results to differ materially from those in the forward-looking statements are specified in Avis Budget Group’s Annual Report on Form 10-K for the year ended December 31, 2017, and in other filings and furnishings made by the Company with the SEC from time to time. Except to the extent required by applicable federal securities laws, the Company undertakes no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.

    CONTACT: Contacts:

    Alice Pereira
    Avis Budget Group
    (973) 496-3916

    Mike Hardman
    Hardman Group for I.D. Systems
    (330) 285-4141 Reported by GlobeNewswire 1 hour ago.

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    Dublin, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The "Global Smart Manufacturing Industry Size - Segmented by Technology (PLC, SCADA, ERP), Components (Control Device, Robotics, Communication Segment), End-user, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to *'s* offering.

    The Smart Manufacturing Market was valued at USD 119.68 billion in 2017 and is expected to register a CAGR of 9.84% over the forecast period (2018-2023).

    The continuous growth in the adoption of analytical solutions, and the growing concentration on cost reduction and business process proficiency, is expected to boost the smart manufacturing market. The market also has lucrative prospects, as leading players are offering a technologically advanced solution to small and medium-sized businesses (SMB's). The new solutions are garnering a positive image, as they are specifically designed to overcome the modern-day production challenges.

    The ability to ensure maximum efficiency, and efficient utilization of resources, is the major differentiator of smart manufacturing technologies. Consequently, increasing number of manufacturers are using these technologies for setting standards, for effective trade-off decisions, maintenance, operation, risk assessment, control, logistic, business, and operation.

    *Increasing Deployment of IoT Systems in Manufacturing Leads to Growth of Smart Manufacturing*

    The next industrial evolution is Industrial Internet of Things, which connects everything within the industrial environment, and provides complete operational visibility, besides allowing real-time decisions. The world leaders are fuelling the connected enterprise strategies, as the industry is moving toward increased usage of IoT applications.

    The deployment of smarter manufacturing infrastructure, which is based on IoT techniques, helps the companies establish and maintain a wealth of knowledge across control methods, manufacturing, and business processes. The IoT in industry helps connect various sensors & devices through networking, which enable analytics of events and issues. It will provide an overall status of the devices, which in turn will lead to reduced costs, reduced waste, and elimination of loss.

    The strategic move to Industrial 4.0, which is referred to as the highly industrialized economy moving through IoT and M2M, is greatly helping in increasing efficiency through analytical insight, reducing system failures through predictive analytics, and optimizing the costs by cutting on wastage. For instance, Lido Stone Works, a premium supplier of stone materials, which leveraged IoT and M2M solutions for their industrial automation, experienced a revenue growth by almost 70%, and increased productivity by almost 30%.

    *PLC Systems Contribute to Reduce Down Time in Manufacturing Scenario*

    Machine downtime is one of the major factors that affect the manufacturing efficiency. Downtime is defined, as a halt in the manufacturing, or any other industrial process, due to the unavailability of a machine. Machine downtime also results in additional costs for manufacturers, which increases the production cost, thus, resulting in production losses, or decreased profit margin. The additional costs include Idle labor pay, repair of machinery, additional power costs, additional resources, and over time running costs. It is estimated that downtime is responsible for 20% of the total manufacturing losses.

    Deployment of PLC systems can help reduce the machine downtime drastically. Since these systems are automated, they can identify and rectify an error without human intervention. The systems are designed to monitor the machine, working continuously to detect any error or malfunctioning of the machinery, and initiate a rapid response. Downtime of machines can be reduced from 20% to 4%, by the use of automated PLC systems. Increased need for reducing the system downtime is boosting the market.

    *High Growth in Canada Market and Factors for this Growth*

    Canadian manufacturers rely on innovation and investment in technologies, in order to be competitive. In an environment of increasing input, labor costs and competition from the large global manufacturers, it is necessary to invest in technologies, to remain competitive and maintain the operating margins.

    With over five heavy-duty assembly plants, over 540 OEM parts manufacturers, 400 dealerships, and many other automotive related industries, Canada is the 9th largest vehicle producer in the world, and this sector is the biggest contributor to the manufacturing industry of the country. The manufacturing industry is estimated to contribute approximately 11% to the Canadian GDP.

    The manufacturing sector is the largest investor in R&D and implementation of new technologies, in Canada. The government has also taken many initiatives, such as lowering taxes for new investments, various trade agreements with other countries (improved trade opportunities), investments in new technologies, and many skill-training programs, which have helped the manufacturing sector to boom in Canada.

    *2017 Developments in the Market*

    · November 2017 - Yokogawa Electric Corporation announced the release of an enhanced version of the STARDOM network-based control system, in the first quarter of fiscal year 2018. This new version of the STARDOM system is expected to include a new E2 bus interface module that has been developed for use in FCN-500 autonomous controller extension units
    · November 2017 - Schneider Electric launched a new service designed to help industrial manufacturers modernize their programmable logic control (PLC) systems safely. By reducing downtime and disruption to the operation, the service may provide an easier migration to the company's Modicon M580 programmable automation controllers
    · September 2017 - Siemens and Fair Friend Enterprise Co entered into a partnership. The aim of the extended partnership was to consolidate the integration of the Siemens Digital Enterprise Suite across the Taiwanese business, and to integrate innovative Siemens digitalization and automation technologies into FFG's machine tools and machine tool technologies

    *Key Topics Covered*

    *1. Introduction*
    1.1 Scope of the Study
    1.2 Study Deliverables

    *2. Research Approach and Methodology*
    2.1 Study Assumptions
    2.2 Analysis Methodology
    2.3 Research Phases

    *3. Executive Summary*

    *4. Market Insights*
    4.1 Market Overview
    4.3 Current Market Trends
    4.2 Industry Attractiveness - Porter's Five Forces Analysis
    4.4 Industry Value Chain Analysis

    *5. Market Dynamics*
    5.1 Drivers
    5.2 Restraints

    *6. Segmentation*
    6.1 By Technology
    6.1.1 Programmable Logic Controller
    6.1.2 Supervisory Controller and Data Acquisition
    6.1.3 Enterprise Resource and Planning
    6.1.4 Distributed Control System
    6.1.5 Human Machine Interface
    6.1.6 Product Lifecycle Management
    6.1.7 Manufacturing Execution System
    6.1.8 Others
    6.2 By Components
    6.2.1 Control Device
    6.2.2 Robotics
    6.2.3 Communication Segment
    6.2.4 Sensor
    6.2.5 Others
    6.3 By End-user
    6.3.1 Automotive
    6.3.2 Semiconductor
    6.3.3 Oil and Gas
    6.3.4 Chemical and Petrochemical
    6.3.5 Pharmaceutical
    6.3.6 Aerospace and Defence
    6.3.7 Food and Beverage
    6.3.8 Mining
    6.3.9 Others

    *7. Segmentation By Region*
    7.1 North America
    7.2 Europe
    7.3 Asia-Pacific
    7.4. Latin America
    7.5 Middle East & Africa

    *8. Smart Manufacturing Market Company Profiles*
    8.1 ABB Ltd.
    8.2 Emerson Electric Company
    8.3 Fanuc Corp
    8.4 General Electric Company
    8.5 Honeywell International Inc.
    8.6 Texas Instruments Inc.
    8.7 Mitsubishi Electric Corporation
    8.8 Robert Bosch GmbH
    8.9 Rockwell Automation Inc.
    8.10 Schneider Electric SE
    8.11 Siemens Corporation
    8.12 Yokogawa Electric Corporation

    *9. Investment Analysis*

    *10. Future of the Market*

    For more information about this report visit

    Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

    Laura Wood, Senior Press Manager
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    Related Topics: Industrial Automation Reported by GlobeNewswire 1 hour ago.

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